Peloton Interactive Inc
Change company Symbol lookup
Select an option...
PTON Peloton Interactive Inc
ETSY ETSY Inc
SNAP Snap Inc
TWLO Twilio Inc
CHWY Chewy Inc
WOOF Petco Health and Wellness Company Inc
TEAM Atlassian Corporation PLC
CRWD CrowdStrike Holdings Inc
WDAY Workday Inc
PATH UiPath Inc
Go

Consumer Discretionary : Leisure Products | Mid Cap Growth
Company profile

Peloton Interactive, Inc. is a provider of interactive fitness platform. The Company provides connected, technology-enabled fitness and the streaming of instructor-led boutique classes to its members. The Company operates and manages its business in three reportable segments: connected fitness product segment, subscription segment, and other segment. Its connected fitness product segment consists of its Bike and Tread and related accessories. Its other segment consists of Peloton branded apparels.

Price
Delayed
$90.82
Day's Change
3.33 (3.81%)
Bid
--
Ask
--
B/A Size
--
Day's High
91.38
Day's Low
83.63
Volume
(Below Average)

Today's volume of 22,276,119 shares is on pace to be lower than PTON's 10-day average volume of 28,213,727 shares.

22,276,119

Supply Chain Innovation and Tech Breakthroughs Set to Repair Broken PPE Pipeline

8:55 am ET March 23, 2021 (PR Newswire) Print

USA News Group - Health-care workers continue to sound the alarm regarding their work conditions while dealing with those hospitalized with COVID-19, especially pertaining to shortages of appropriate personal protection equipment (PPE). Recent surveys indicate that the PPE shortage crisis continues at most hospitals, which could potentially get worse as over half of the factories of the world's largest latex gloves maker, Top Glove, have halted production. In many markets, the PPE pipeline is still broken. However, several companies are working towards not only bridging the gap, but revolutionizing the entire system, including Maitri Health Technologies Corp. (CSE:MTEC) (FSE:D84), Berkshire Hathaway Inc. (NYSE:BRK-B), Honeywell International (NYSE:HON), 3M Company (NYSE:MMM), and MSA Safety Incorporated (NYSE:MSA).

Maitri Health Technologies Corp. (CSE:MTEC) (FSE:D84) was founded upon a critical and rapid response to a need for PPE at a hospital located in the Metro Vancouver, BC market. In just a few months, it's quickly and efficiently built out a global platform for healthcare supply security.

The company's unique business model provides a comprehensive offering of on-shore manufactured PPE, testing and technology. Maitri's platform is designed to deliver long-term, reliable, stable healthcare solutions to healthcare, governments and companies around the world.

Their story began when a group of influential business men and women in the region banded together to secure needed supplies for a hospital that was experiencing serious procurement issues. Very quickly the problem was identified, as many of the suppliers that popped up during the early days of the outbreak were of unknown reputation, with products of questionable quality.

Counterfeit and low-quality PPE continues to be a serious issue, as just recently $600,000 of counterfeit PPE made to look like N95 masks from 3M Company (NYSE:MMM) were seized at a warehouse in El Paso, Texas.

This wasn't the first scam that involved groups trying to imitate 3M. A pair of men from the Houston area were charged with attempting to fraudulently sell 50 million nonexistent 3M model 1860 N95 respirator masks they didn't possess. In Indiana, a similar scheme resulted in a civil lawsuit by the state's Attorney General Curtis Hill against a man and a corporation that allegedly conspired to defraud the state out of hundreds of millions of dollars, through an allegedly false connection to manufacturer, 3M.

Of course none of this implicates 3M in any way, as the company works diligently to ramp up its mask production to meet demand. But it's clear that enhanced supply chain integrity and security is desperately needed, and is an issue that Maitri Health is working to address.

After an initial supply donation was secured and delivered, the group became more formal, and assembled an expert team leading the way for what is now Maitri Health Technologies Corp. (CSE:MTEC) (FSE:D84)--with the most recent addition being former Chief Digital Officer of Bayer A.G., Jessica Federer.

The newly formed company immediately focused on distributing and growing a domestic supply chain for PPE, Anti-Viral Solutions, and Test Kits, for reliable transactions with countries and corporations in need.

Maitri's product platform currently includes 3D facial masks (surgical and non-surgical), and Win-Shield face shields, which feature a patent-pending design and additional personal protection.

Most recently, Maitri Health announced the addition of Envirocleanse-A disinfectant and Candid Clean sanitizer to their platform. Both cleaning and safety solutions are Health Canada-certified.

Envirocleanse-A, is a down-chain subsidiary of Berkshire Hathaway Inc. (NYSE:BRK-B), is a commercial disinfectant, registered with the Environmental Protection Agency (EPA) and Health Canada to kill SARS-CoV-2, the novel coronavirus that causes COVID-19.

While non-toxic, biodegradable and doesn't require masks, gloves, nor other safety equipment to apply, Envirocleanse-A is 100x more effective than bleach. It's harmless to humans, animals and the environment and is Federal Drug Administration (FDA) acknowledged to be safe and effective for use directly on food and food contact surfaces.

"We were very selective in choosing a disinfectant for our product platform," said CEO of Maitri, Andrew Morton. "Many cleaning products are corrosive and damaging to tables, chairs, counters or other surfaces, and worse, potentially dangerous for users and the environment. Other disinfectants are complicated to mix or dilute. Envirocleanse-A eliminates all those issues."

Maitri also announced the availability of the Canadian-made, 75%-Isopropanol-based spray hand sanitizer, Candid Clean. The product evaporates quickly, does not dry out hands, comes in a variety of scents, and has shelf life of three years.

"Hand sanitizer is a key part of a safety routine and we're pleased to offer a superior solution that people will want to use," added Morton. "Candid Clean is gentle on the hands and strong enough to be used as a disinfectant."

Earlier this year, Berkshire Hathaway Inc. asset BYD (a world leader in electric vehicles, monorails, and batteries out of China) also entered the PPE supply chain, securing a $316 million order from California.

In the month of November, Honeywell International (NYSE:HON) shares surged 23.6%. While the company's other segments (aerospace, building technologies, and performance materials and technologies) all reported sales declines, Honeywell strategically shifted its focus to ramp up production of PPE kits.

The move has paid off, with an 8% growth in its Q3 sales from this safety and productivity solutions segment.

In terms of innovation, much like Maitri Health, MSA Safety Incorporated (NYSE:MSA) has announced its own proprietary technology to the market recently. Unveiling its new Elastomeric Respirator, MSA is providing an alternative PPE option, that provides a next-generation, air-purifying respirator (APR) designed without an exhalation valve to provide directly-involved healthcare workers with respiratory protection.

Because it does not include an exhalation valve, the new respirator serves as both a PPE solution, and as a source control to ensure a sterile healthcare environment.

For More Information, please visit: https://equity-insider.com/2020/11/04/a-healthcare-company-with-a-technological-advantage/

Article Source: USA News Grouphttp://USAnewsgroup.cominfo@usanewsgroup.com

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Maitri Health Technologies Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Maitri Health Technologies Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Maitri Health Technologies Corp. which were purchased as a part of a private placement. MIQ will not buy or sell shares of Maitri Health Technologies Corp. for a minimum of 72 hours from the publication date on this website (March 7, 2021), but reserve the right to buy and sell, and will buy and sell shares of Maitri Health Technologies Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

USA News Group is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with USA News Group or any company mentioned herein. The commentary, views and opinions expressed in this release by USA News Group are solely those of USA News Group and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Media Contact Information:FN Media Group, LLCMedia Contact e-mail: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611

https://c212.net/c/img/favicon.png?sn=IO18392&sd=2021-03-23

View original content:http://www.prnewswire.com/news-releases/supply-chain-innovation-and-tech-breakthroughs-set-to-repair-broken-ppe-pipeline-301253572.html

SOURCE USA News Group

https://rt.prnewswire.com/rt.gif?NewsItemId=IO18392&Transmission_Id=202103230855PR_NEWS_USPR_____IO18392&DateId=20210323

comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.